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This study, conducted for the Millennium Challenge Corporation, analyzes the impact of incentives in a rewards system for policy change. The research includes quantitative analysis, indicators of mobility, correlations between indicators, treatment groups, and preliminary results. The study identifies key statistically significant results related to economic freedom, investing in people, and ruling justly. The overall findings offer insights and recommendations for policy-making.
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The MCC Incentive EffectQuantifying Incentives for Policy Change in an Ex-post Rewards System Prepared for the Millennium Challenge Corporation by : Ingrid Aune Yanyan Chen Christina Miller Joshua Williams -- Spring 2013 --
The Team and the Outline Ingrid Aune Christina Miller Joshua Williams Yanyan Chen
Source: Authors’ Calculations Indicator Mobility Top 10 Rank Change
Correlation between Indicators Size is proportional to Correlation Critical Value = 0.3
Correlation between Indicators (continued) Size is proportional to Correlation Critical Value = 0.3
Preliminary Analysis: Locally weighted scatter plot smooth (LOWESS) Treatment: Close to Passing or Failing Positive MCC Incentive Effect
Preliminary Analysis: LOWESS (continued) Treatment: Qualitative MCC Incentive Effect Neutral/Mixed MCC Incentive Effect
Preliminary Analysis: LOWESS (continued) Treatment: Middle Range Government Expenditures Negative MCC Incentive Effect
All Results: 38 (+) and 31 (-) Overview of General Model Results
Select Statistically Significant Results: Economic Freedom
Number of Positive and Negative ResultsDifferent Time Periods Economic Freedom Investing in People Ruling Justly